Spread before costs (cost unknown: a leg has no order-book sample)−0.109%
7d average—if it closes, per $10,000$11funding while held, a day−$5.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya PAXGRUSDPERP | 4,346 | 0.0189 | pay 0.0024% / 1h | 54m 22s | $21K | — | 100x |
| Short | SunX PAXG-USDT | 4,341.3 | 0 | get 0.0000% / 4h | 3h 54m | $2K | $4.2M | 20x |
Reya PAXGRUSDPERP
SunX PAXG-USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$10.9
- Funding while held
- −$5.68
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee SunX: 5 bp × 2 orders
- −$10
- Net
- −$32.59
- Spread needed to break even
- 0.160%
Slippage unknown: Reya: no order-book sample; SunX: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0189%
- Per $10,000 a day
- −$5.68
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Reya no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 10 min ago | 21.54 bp | 26.5 bp −$27 | 56.2 bp −$562 | doesn't fit | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PAXG price on every exchange
against the cheapest. Click to use as the short leg.Injective4,338.4cheapestApeX Omni4,340.8+0.056%
Injective
ApeX OmniSunX4,341.3+0.067%
Phemex4,344+0.129%Variational Omni4,345.2+0.157%Extended4,345.6+0.165%Lighter4,345.8+0.171%
Phemex
Variational Omni
Extended
LighterReya4,346+0.176%
Bitget4,346.1+0.178%Hyperliquid4,346.2+0.180%Binance4,346.2+0.181%dYdX4,346.5+0.186%Paradex4,346.7+0.190%BingX4,346.8+0.193%Pacifica4,346.8+0.194%Bybit4,347+0.198%Orderly4,347.2+0.203%Aster4,347.4+0.206%Hibachi4,347.6+0.212%Kraken Futures4,347.6+0.213%Gate4,347.7+0.214%MEXC4,347.8+0.216%KuCoin4,348.1+0.224%Coinbase International4,348.2+0.225%Backpack4,349+0.243%Deribit4,349.9+0.265%HTX4,351.1+0.292%01 Exchange4,351.7+0.307%
Bitget
Hyperliquid
Binance
dYdX
Paradex
BingX
Pacifica
Bybit
Orderly
Aster
Hibachi
Kraken Futures
Gate
MEXC
KuCoin
Coinbase International
Backpack
Deribit
HTXPAXG on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PAXG/USDC PERP | −0.176% | +0.0033% | 1h | $1K | $97K | 30x | as long as short |
| ApeX Omni PAXGUSDT | −0.120% | +0.0100% | 1h | $262K | $790K | 50x | as long as short |
| SunX PAXG-USDTshort | −0.109% | 0.0000% | 4h | $2K | $4.2M | 20x | |
| Phemex PAXGUSDT | −0.047% | +0.0100% | 4h | $1.5M | $36K | 50x | as long as short |
| Variational Omni PAXG | −0.018% | +0.0100% | 4h | $12.5M | $85K | — | as long as short |
| Extended PAXG-USD | −0.011% | +0.0104% | 1h | $377K | $1.2M | 25x | as long as short |
| Lighter PAXG | −0.005% | +0.0096% | 1h | $1.4M | $698K | 25x | as long as short |
| Reya PAXGRUSDPERPlong | 0.000% | +0.0189% | 1h | $21K | — | 100x | |
| Bitget PAXGUSDT | +0.002% | +0.0100% | 4h | $9.1M | $12.2M | 50x | as long as short |
| Hyperliquid PAXG | +0.004% | +0.0100% | 1h | $20.3M | $1.7M | 10x | as long as short |